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What is Renec? How to mine Renec (Remitano network coin)

 August 24, 2021     No comments   

 


What is Remitano Exchange?

Remitano.com is a P2P exchange and is considered the largest Bitcoin trading place in Vietnam, where we can use Vietnamese money (VND) to buy and sell cryptocurrencies like Bitcoin (BTC). , Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Tether (USDT) and even Ripple (XRP) easily and quickly with a simple yet effective interface. Remitano is a Bitcoin exchange in Vietnam and is quite old and reputable

What is Renec token?

As far as I know, the RENEC token is the private coin of the Remitano exchange. RENEC stands for Remitano Network Coin, simply understood as the floor coin of Remitano. Just like Binance's BNB coin.

Remitano's upcoming plan is to launch a private blockchain (Remitano Network) to prepare plans for a private decentralized exchange (DEX). And RENEC coin will be the coin to represent Remitano's private network and DEX exchange.

Born in 2015, when cryptocurrencies were still quite new to the general community, the Remitano founding team has always maintained the belief and vision that blockchain and cryptocurrencies are a big step forward for society. It allows every transaction to be transparent, fast, secure, and decentralized.

With the desire to apply the latest technological advancements in the blockchain space to the Remitano Network, and thanks to RENEC, investors will have the ability to make transactions between different currencies more quickly, spending money cheaper fees, more efficient and reliable escrow, and future execution of complex smart contracts.

Besides, Remitano always wants to bring maximum benefits, and prevent any risks for our users, so in this period we do not carry out any RENEC offering activities. externally, ownership of RENEC will be freely distributed to all users in a single form that is Mining. Check out the details below!

How to mine Renec token (Remitano network coin)

Mining RENEC is understood as mining and mining a coin. To put it more simply, this is an airdrop before the launch of the project.

To participate in the RENEC mining program, you do not need KYC verification (no face verification, identity card) but only need to verify your phone number via text message, this is to prevent spam and ensure distribution. distribute RENEC tokens fairly.



Remitano only supports mobile app mining; so, if you haven't downloaded the Remitano app yet, then quickly download the Remitano app on the App Store or Google Play and register as a user. If you are already a Remitano member and verified, just install the app to start mining.

Step 1: Register for a Remitano account as a user.

If you do not have a Remitano account -> You register an account here

REGISTER FOR A REMITANO ACCOUNT


Step 2: Download Remitano app and Complete phone number verification with simple steps


Step 3: Log into the app daily to mine RENEC. You log into the remitano app -> go to the menu Mining RENEC -> Mining Renec



Note :

  • Each user can only create 1 unique Remitano account to perform mining and own RENEC. In the event that Remitano detects fraudulent actions (for example, 1 person owns many accounts), we reserve the right to withdraw the entire amount of RENEC that you own in all accounts. there is a policy to handle violations depending on each specific case decided by the floor.
  • Mining process is not automatic, you have to log into Remitano app every 24 hours and click on “Mining RENEC” button under “Mining RENEC” to receive tokens.
  • Any outside trading information (if any) is a spontaneous act of fraudsters.

How many RENECs can you mine per day?

Each user after completing account creation and phone number verification (Level 1 can be mined only once every 24 hours. The amount of RENEC each user receives will depend on 2 factors:  Your own Mining Power  and  Referral Mining Power.

 

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